American Green Inc (ERBB)

[alj14]

Berg,

No, I don't think so. But these price mechanisms are operating weirdly. From FreeRealTime i get the following Time & Sales:

11:40:48 AM Trade 0.071 7445
11:08:52 AM Trade 0.072 7000
11:04:42 AM Trade 0.072 5000
10:50:54 AM Trade 0.073 20000
10:33:44 AM Trade 0.073 27000
10:31:54 AM Trade 0.073 2500000
10:22:58 AM Trade 0.072 620
10:04:50 AM Trade 0.073 15600

From the second trade, a bid trade, at 7.2, the purchase of 2,500,000 shares takes the price to 7.3 cents, then there are the two further buys of 27,000 and of 20,000 shares, at the same price, then a sale of 5,000 shares takes the price right back to 7.2 cents. So, recapitulating the action, on the ask side, 2,500.000 shares plus 27,000 shares plus 20,000 shares and on the bid side, 5,000 shares. The two sides cancel each other out exactly!

alj14